2006 035 Ordinance - Laserfiche WebLink

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175.1306 ADMINIS'TRATIVE CODE, 74 Effective January 1, 2005, the declaration of estimated tax to be paid the IVlunicipality by taxpayers who are individuals shall be accompanied by a payment of at least one-fourth (1/4) of the declaration amount and at least a similar amount shall be paid on or before July 31st and October 31st of the taxable year., and January 31st of the following year. Effective January 1, 2005, such declaration of estimated tax to be paid to the Municipality by corporations and associations shall be accompanied by a payment of at least one-fourth (1/4) of the declaration amount and at least a similar amount shall be paid on or before June 15th, September 15th and December 15th. In the case of a fiscal year taxpayer the second, third and fourth quarterly estimated payments shall be due on the fifteenth day of the sixth, ninth, and twelfth months of the taxable year, respectively. However, in case an amended declaration has been filed, the unpaid balance shown due thereon shall be paid in equal installments on or before the remaining payment date or dates. (Ord. 2005-20. Passed 7-18-05.) 175.1306 PAYMENT TO ACCOMPANY DECLARATION. Effective January 1, 2003, the declaration of estimated tax to be paid the 1Vlunicipality by taxpayers who are individuals shall be accompanied by a payment of at least one-fourth (1/4) of the declaration amount and at least a similar amount shall be paid on or before July 31st and October 31st of the taxable year, and January 31st of the following year. Effective January 1, 2003, such declaration of estimated tax to be paid to the Municipality by corporations and associations shall be accompanied by a payment of at least one-fourth (1/4) of the declazation amount and at least a similar amount shall be paid on or before June 15th, September 15th and December 15th. In the case of a fiscal year taxpayer the second, third, and fourth quarterly estimated payments shall be due on the fifteenth day of the sixth, ninth, and twelfth months of the taxable year, respectively. However, in case an amended declaration has been filed, the unpaid balance shown due thereon shall be paid in equal installments on or before the remaining payment date or dates. (Ord. 2005-05. Passed 1-24-05.) 175.1307 ANNUAL RETURN. On or before the last day of the fourth month of the year following that for which such declaration or amended declaration was filed, an annual return shall be filed and any balance which may be due the Municipality shall be paid therewith in accordance with the provisions of Section 175.1301. However, any taxpayer may file, on or before the last day of the first month of the year following that for which such declaration or amended declaration was filed, an annual return and pay any balance due at such time in lieu of filing such declaration or an amended declaration, and in lieu of paying the fmal quarterly installment based upon a declaration or amended declaration of estimated tax. (Ord. 71-50. Passed 12-20-71.) 175.1308 EXTENSION OF FILING TIME. The Administrator may extend the time of filing any return required, of making any payment or performing any other act required by this chapter for a period not to exceed six months beyond the original required date. (Ord. 1021. Passed 8-21-67.) INTEREST AND PENALTIES 175.1501 INTEREST ON UNPAID TAX. All taxes imposed and all moneys withheld or required to be withheld by employers and all installments of estimated taxes required to be paid under the provisions of this chapter and remaining unpaid after they become due, shall bear interest at the rate of fourteen percent (14%) per annum. (Ord. 87-27. Passed 9-21-87.) 2006 Replacement